Forge Industries
Latest round
- Seed
Last raised
- Jul 2026
Total raised
- $3.9M
Investors
- 3
About Forge Industries
Forge Industries is a US-based company focusing on converting waste into high-performance bio-fuels, aiming to replace traditional fossil fuels and promote cleaner industrial processes. Founded in 2022 and headquartered in Las Vegas, US, by Chelsea Boyle(Founder & CEO) Forge Industries specializes in creating alternative fuels from waste materials. Forge Industries specializes in the conversion of waste materials into high-performance bio-fuels aimed at reducing reliance on traditional fossil fuels like coal. The core product is a scalable fuel solution created through a proprietary process that transforms various types of waste, including low-density plastics, food waste, and rubber, into calorically dense alternative fuels. The primary customers are heavy industries, particularly cement and steel manufacturers, in North America and Europe, addressing the urgent need for cleaner industrial processes. Forge Industries follows a B2B model, building long-term partnerships with heavy industrial clients to provide a steady supply of alternative fuels. Its revenue comes from contracted agreements centered on competitively priced, high-caloric fuels that work within existing fuel infrastructures. Transactions usually consist of bulk orders of bio-fuels made from accepted waste materials, delivering a reliable and environmentally responsible energy source. Upcoming launches are intended to reach a wider market, and the company also plans to expand into additional regions across North America and Europe by the end of 2024.
Who invested in Forge Industries
3 investors across 1 round
See all investors in Forge Industries
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
Jul 8, 2026
Amount
$3.9M
Investors
Questions about Forge Industries
Who invested in Forge Industries?
Forge Industries has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Forge Industries raised?
Forge Industries has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Forge Industries last raise money?
Forge Industries's most recent round on record is a Seed, in Jul 2026.
What does Forge Industries do?
Forge Industries is a US-based company focusing on converting waste into high-performance bio-fuels, aiming to replace traditional fossil fuels and promote cleaner industrial processes.
Where is Forge Industries headquartered?
Forge Industries is headquartered in Las Vegas, US.
Which VCs invest in companies like Forge Industries?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at Forge Industries's stage. Their profiles are linked below.
VCs backing power & utilities startups at Seed
Raising like Forge Industries? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.